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  1. Bugsy

    People are so predictable

    They already scrape data from places like Reddit Wallstreetbets.
  2. Bugsy

    People are so predictable

    I'd almost bet that many patterns are used to purposely suck in retail traders by big money.
  3. Bugsy

    People are so predictable

    People assuming probability to somehow mean certainty is the biggest way to lose money. I remember reading "Technical Analysis of the Financial Markets" and losing my ass because I just knew ascending triangles meant it was going up and head and shoulders meant it was going down.
  4. Bugsy

    People are so predictable

    I have a friend who says it is crashing any time the market is down a couple of days. Hes been saying it for over a year. I always say, "Is it down over 10%?" He says no and then list off industries like cruise lines and flying to which I point out the obvious as well as them not being "the...
  5. Bugsy

    PPT Rescues S&P From Worst-Ever Start To A Year; Rate-Hike Odds Tumble

    At its lows today, the S&P 500 had never - ever since 1920 - started a year as badly as 2022... That's quite a record to break, and has sparked the hope in many that this kind of tumble in stocks will force The Fed's hand to pivot back to its traditional role of levitating stocks (we saw a...
  6. Bugsy

    I need a new broker and new platform today - IB has to go immediately

    I use Tradestation. I've been told their platform is superior to IB. However, Tradestation International may partner with IB, so I'm not totally sure.
  7. Bugsy

    Nasdaq broke below the 200 day ( big trouble )

    Ya usually the specific moving average coincides with a price point support or resistance.
  8. Bugsy

    Nasdaq broke below the 200 day ( big trouble )

    Ya I was looking at futures also. Still holding above 200
  9. Bugsy

    Nasdaq broke below the 200 day ( big trouble )

    I think he meant the 200 second moving average.
  10. Bugsy

    Celebrities Sued by Investors in EthereumMax Tokens

    Anyone dumb enough to get their investment decisions from Kim Kardashian is too stupid to be handling their own investment decisions in the first place. Also, there's something called personal responsibility. Blaming others for your own failures is weak.
  11. Bugsy

    what are best tweet accounts for intraday news alerts

    It doesn't matter what intraday news says. By the time you hear it the market will have priced it in long before you can trade it.
  12. Bugsy

    Do Experienced Traders Still Paper Trade?

    Maybe for a Quant or backtesting or refining an algorithm. Beyond that paper trading is useless imo. A person would do better to daytrade a single $3 share then monopoly money. It may be $3 but it's still your money being lost.
  13. Bugsy

    Tomorrow will be an inflection point

    Perhaps he was referring to the lifetime of.............................................a head of lettuce.
  14. Bugsy

    You will see some “ feel good “ rallies

    What are you talking about?! This is the "feel good" rally hes warning you not to get sucked into!!! When it finally does crash whoever the poster is for that 1,000th call of "THIS IS THE ONE!!" will think they are the next Peter Lynch :p
  15. Bugsy

    4k tv for chart watching in home gym

    I just use a tablet I can take anywhere, but hard to argue a tablet would be more awesome than a 4k tv.
  16. Bugsy

    Do you pay attention to slippage?

    I do to an extent. I trade index futures and usually try to move my stop to a quarter point over entry first chance I get after the price has moved in my direction so as to pay my commissions if it moves against me. I let it stop me out because I can always jump back in once I size up the price...
  17. Bugsy

    You will see some “ feel good “ rallies

    I think that depends on if Biden added a private caveat to his continued service.
  18. Bugsy

    You will see some “ feel good “ rallies

    Exactly. The 50 MA has barely been touched and OP is calling this a downtrend trend. Somebody doesn't know what a trend is. Over the past year the 50 and 100 have been touched a dozen times before resuming back up and yet THIS time, based on absolutely zero analysis OP has now created 2...
  19. Bugsy

    Is this sell off only the beginning ?

    I think even if the market crashed my parents might not put their money back in. Falling daggers or risk averse. I think they are content and will not risk it this close to the end.
  20. Bugsy

    Is this sell off only the beginning ?

    I understand what you're saying, but shorting in general is a different conversation then what we are discussing, and that is recession. Shorting at a top before a dip as price action displays certain signs of a higher probability the market will drop in the short term is miles different than a...
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